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If the annual decrease in the population of a city is 8% and the present number of people is 80 lakhs, what will be the population after 3 years? |
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Answer» Here we can use the compound interest based formula, Population after n years = P*[1 - (r/100)]n Population after 3 years = 8000,000*[1-(8/100)]3 Calculating we get, Population after 3 years = 6229504 |
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